weird@sub.wetshaving.social to memes@lemmy.world · 4 days agoBenefit of the hindsightsub.wetshaving.socialexternal-linkmessage-square210fedilinkarrow-up12.16Karrow-down116
arrow-up12.15Karrow-down1external-linkBenefit of the hindsightsub.wetshaving.socialweird@sub.wetshaving.social to memes@lemmy.world · 4 days agomessage-square210fedilink
minus-squareSparroHawc@lemm.eelinkfedilinkarrow-up1·3 days agoexcept that the government run land registry can deal with disputes in a flexible and fair manner. A blockchain with smart contracts cannot.
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkarrow-up1·3 days agoEnforcement of ownership must be off chain. You can still have a disputes procedure using blockchain. What a smart contract registry allows is efficient notarisation of non-disputed ownership, which is 95% of the work.
except that the government run land registry can deal with disputes in a flexible and fair manner. A blockchain with smart contracts cannot.
Enforcement of ownership must be off chain. You can still have a disputes procedure using blockchain.
What a smart contract registry allows is efficient notarisation of non-disputed ownership, which is 95% of the work.